66 datasets found
  1. Iron and steel scrap prices in the U.S. 2010-2024

    • statista.com
    Updated Jun 27, 2025
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    Statista (2025). Iron and steel scrap prices in the U.S. 2010-2024 [Dataset]. https://www.statista.com/statistics/209362/iron-and-steel-prices-in-the-us/
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    Dataset updated
    Jun 27, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    United States
    Description

    Iron and steel scrap prices in the United States stood at around *** U.S. dollars per metric ton in 2024, down from *** dollars per ton a year earlier. This is the fourth consecutive annual decrease recorded. Steel scrap consumption The majority of domestic steel industry scrap consumption is from manufacturers of raw steel, and steel castings. These raw materials are used to produce steel products that are used for appliances, construction, machinery, and transportation, among other industry uses. Only small amounts of steel scrap were used for the production of ferroalloys, copper precipitation, and the chemical industry. Recycling scrap Recycled iron and steel scrap materials have been essential for the production of new steel and cast iron products. Vehicles are one of the largest sources of old steel scrap used for recycling and nearly 100 percent of cars are recycled for their scrap material. It is expected that the recycling rate for scrap materials from appliances and construction purposes should rise, especially as public interest for recycling grows and profitability increases.

  2. F

    Producer Price Index by Commodity: Metals and Metal Products: Iron and Steel...

    • fred.stlouisfed.org
    json
    Updated Jun 12, 2025
    + more versions
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    (2025). Producer Price Index by Commodity: Metals and Metal Products: Iron and Steel Scrap [Dataset]. https://fred.stlouisfed.org/series/WPU1012
    Explore at:
    jsonAvailable download formats
    Dataset updated
    Jun 12, 2025
    License

    https://fred.stlouisfed.org/legal/#copyright-public-domainhttps://fred.stlouisfed.org/legal/#copyright-public-domain

    Description

    Graph and download economic data for Producer Price Index by Commodity: Metals and Metal Products: Iron and Steel Scrap (WPU1012) from Jan 1947 to May 2025 about iron, steel, metals, commodities, PPI, inflation, price index, indexes, price, and USA.

  3. Steel Scrap Price Trend and Forecast

    • procurementresource.com
    Updated Oct 16, 2023
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    Procurement Resource (2023). Steel Scrap Price Trend and Forecast [Dataset]. https://www.procurementresource.com/resource-center/steel-scrap-price-trends
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    Dataset updated
    Oct 16, 2023
    Dataset provided by
    Authors
    Procurement Resource
    License

    https://www.procurementresource.com/privacy-policyhttps://www.procurementresource.com/privacy-policy

    Time period covered
    Jan 1, 2014 - Jul 12, 2027
    Area covered
    Middle East & Africa, Europe, Asia, North America, Latin America
    Description

    Get the latest insights on price movement and trend analysis of Steel Scrap in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East Africa).

  4. T

    United States - Producer Price Index by Commodity: Metals and Metal...

    • tradingeconomics.com
    csv, excel, json, xml
    Updated Mar 1, 2020
    + more versions
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    TRADING ECONOMICS (2020). United States - Producer Price Index by Commodity: Metals and Metal Products: Stainless and Other Alloy Steel Scrap [Dataset]. https://tradingeconomics.com/united-states/producer-price-index-by-commodity-for-metals-and-metal-products-stainless-and-other-alloy-steel-scrap-fed-data.html
    Explore at:
    xml, csv, excel, jsonAvailable download formats
    Dataset updated
    Mar 1, 2020
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Jan 1, 1976 - Dec 31, 2025
    Area covered
    United States
    Description

    United States - Producer Price Index by Commodity: Metals and Metal Products: Stainless and Other Alloy Steel Scrap was 441.08300 Index Dec 1986=100 in May of 2025, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Commodity: Metals and Metal Products: Stainless and Other Alloy Steel Scrap reached a record high of 845.43200 in March of 2022 and a record low of 100.00000 in December of 1986. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Producer Price Index by Commodity: Metals and Metal Products: Stainless and Other Alloy Steel Scrap - last updated from the United States Federal Reserve on July of 2025.

  5. T

    United States - Producer Price Index by Commodity: Metals and Metal...

    • tradingeconomics.com
    csv, excel, json, xml
    Updated Mar 10, 2020
    + more versions
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    TRADING ECONOMICS (2020). United States - Producer Price Index by Commodity: Metals and Metal Products: Shredded Carbon Steel Scrap [Dataset]. https://tradingeconomics.com/united-states/producer-price-index-by-commodity-for-metals-and-metal-products-shredded-carbon-steel-scrap-fed-data.html
    Explore at:
    csv, xml, json, excelAvailable download formats
    Dataset updated
    Mar 10, 2020
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Jan 1, 1976 - Dec 31, 2025
    Area covered
    United States
    Description

    United States - Producer Price Index by Commodity: Metals and Metal Products: Shredded Carbon Steel Scrap was 229.72000 Index Jun 1996=100 in May of 2025, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Commodity: Metals and Metal Products: Shredded Carbon Steel Scrap reached a record high of 375.23600 in April of 2022 and a record low of 56.10000 in November of 2001. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Producer Price Index by Commodity: Metals and Metal Products: Shredded Carbon Steel Scrap - last updated from the United States Federal Reserve on July of 2025.

  6. F

    Producer Price Index by Commodity: Metals and Metal Products: Nonferrous...

    • fred.stlouisfed.org
    json
    Updated Jun 12, 2025
    + more versions
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    (2025). Producer Price Index by Commodity: Metals and Metal Products: Nonferrous Scrap [Dataset]. https://fred.stlouisfed.org/series/WPU1023
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    jsonAvailable download formats
    Dataset updated
    Jun 12, 2025
    License

    https://fred.stlouisfed.org/legal/#copyright-public-domainhttps://fred.stlouisfed.org/legal/#copyright-public-domain

    Description

    Graph and download economic data for Producer Price Index by Commodity: Metals and Metal Products: Nonferrous Scrap (WPU1023) from Jan 1947 to May 2025 about nonferrous metals, metals, commodities, PPI, inflation, price index, indexes, price, and USA.

  7. T

    Steel - Price Data

    • tradingeconomics.com
    • ru.tradingeconomics.com
    • +13more
    csv, excel, json, xml
    Updated Jul 11, 2025
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    TRADING ECONOMICS (2025). Steel - Price Data [Dataset]. https://tradingeconomics.com/commodity/steel
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    xml, csv, excel, jsonAvailable download formats
    Dataset updated
    Jul 11, 2025
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Mar 27, 2009 - Jul 11, 2025
    Area covered
    World
    Description

    Steel fell to 3,086 CNY/T on July 11, 2025, down 0.61% from the previous day. Over the past month, Steel's price has risen 5.22%, but it is still 6.46% lower than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Steel - values, historical data, forecasts and news - updated on July of 2025.

  8. F

    Producer Price Index by Commodity: Metals and Metal Products: Other Ferrous...

    • fred.stlouisfed.org
    json
    Updated Oct 11, 2024
    + more versions
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    (2024). Producer Price Index by Commodity: Metals and Metal Products: Other Ferrous Scrap [Dataset]. https://fred.stlouisfed.org/series/WPU10121501
    Explore at:
    jsonAvailable download formats
    Dataset updated
    Oct 11, 2024
    License

    https://fred.stlouisfed.org/legal/#copyright-public-domainhttps://fred.stlouisfed.org/legal/#copyright-public-domain

    Description

    Graph and download economic data for Producer Price Index by Commodity: Metals and Metal Products: Other Ferrous Scrap (WPU10121501) from Jun 2006 to Jul 2024 about metals, commodities, PPI, inflation, price index, indexes, price, and USA.

  9. T

    United States - Producer Price Index by Commodity: Metals and Metal...

    • tradingeconomics.com
    csv, excel, json, xml
    Updated Mar 10, 2020
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    TRADING ECONOMICS (2020). United States - Producer Price Index by Commodity: Metals and Metal Products: Carbon Steel Scrap Bundles [Dataset]. https://tradingeconomics.com/united-states/producer-price-index-by-commodity-for-metals-and-metal-products-carbon-steel-scrap-bundles-fed-data.html
    Explore at:
    excel, csv, json, xmlAvailable download formats
    Dataset updated
    Mar 10, 2020
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Jan 1, 1976 - Dec 31, 2025
    Area covered
    United States
    Description

    United States - Producer Price Index by Commodity: Metals and Metal Products: Carbon Steel Scrap Bundles was 276.94300 Index Jun 1996=100 in May of 2025, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Commodity: Metals and Metal Products: Carbon Steel Scrap Bundles reached a record high of 522.80000 in July of 2008 and a record low of 54.80000 in November of 2001. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Producer Price Index by Commodity: Metals and Metal Products: Carbon Steel Scrap Bundles - last updated from the United States Federal Reserve on July of 2025.

  10. s

    Aluminum scrap producer price index in the U.S. 2000-2023

    • statista.com
    Updated Jul 9, 2025
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    Statista (2025). Aluminum scrap producer price index in the U.S. 2000-2023 [Dataset]. https://www.statista.com/statistics/262857/us-producer-price-index-of-aluminum-scrap/
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    Dataset updated
    Jul 9, 2025
    Dataset authored and provided by
    Statista
    Area covered
    United States
    Description

    The annual producer price index of aluminum scrap in the United States averaged ***** in 2023, with 1982 used as the base year (1982 = 100). This represented a year-over-year decrease of ** percent. The previous year had seen the highest figure recorded since the turn of the century.

  11. F

    Producer Price Index by Commodity: Metals and Metal Products: No. 1 Copper...

    • fred.stlouisfed.org
    json
    Updated Jun 12, 2025
    + more versions
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    (2025). Producer Price Index by Commodity: Metals and Metal Products: No. 1 Copper Scrap, Including Wire [Dataset]. https://fred.stlouisfed.org/series/WPU10230101
    Explore at:
    jsonAvailable download formats
    Dataset updated
    Jun 12, 2025
    License

    https://fred.stlouisfed.org/legal/#copyright-public-domainhttps://fred.stlouisfed.org/legal/#copyright-public-domain

    Description

    Graph and download economic data for Producer Price Index by Commodity: Metals and Metal Products: No. 1 Copper Scrap, Including Wire (WPU10230101) from Dec 1986 to May 2025 about copper, wired, metals, commodities, PPI, inflation, price index, indexes, price, and USA.

  12. M

    Copper Prices - Historical Chart (1959-2025)

    • macrotrends.net
    csv
    Updated Jun 30, 2025
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    MACROTRENDS (2025). Copper Prices - Historical Chart (1959-2025) [Dataset]. https://www.macrotrends.net/1476/copper-prices-historical-chart-data
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    csvAvailable download formats
    Dataset updated
    Jun 30, 2025
    Dataset authored and provided by
    MACROTRENDS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    1959 - 2025
    Area covered
    United States
    Description

    Interactive chart of historical daily COMEX copper prices back to 1971. The price shown is in U.S. Dollars per pound.

  13. Stainless Steel Scrap Price Trend and Forecast

    • procurementresource.com
    Updated May 24, 2024
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    Procurement Resource (2024). Stainless Steel Scrap Price Trend and Forecast [Dataset]. https://www.procurementresource.com/resource-center/stainless-steel-scrap-price-trends
    Explore at:
    Dataset updated
    May 24, 2024
    Dataset provided by
    Authors
    Procurement Resource
    License

    https://www.procurementresource.com/privacy-policyhttps://www.procurementresource.com/privacy-policy

    Time period covered
    Jan 1, 2014 - Jul 12, 2027
    Area covered
    Latin America, Middle East & Africa, Asia, North America, Europe
    Description

    Get the latest insights on price movement and trend analysis of Stainless Steel Scrap in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East Africa).

  14. T

    United States - Producer Price Index by Commodity: Metals and Metal...

    • tradingeconomics.com
    csv, excel, json, xml
    Updated Apr 23, 2020
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    TRADING ECONOMICS (2020). United States - Producer Price Index by Commodity: Metals and Metal Products: Iron and Steel Scrap [Dataset]. https://tradingeconomics.com/united-states/producer-price-index-by-commodity-for-metals-and-metal-products-iron-and-steel-scrap-fed-data.html
    Explore at:
    json, xml, excel, csvAvailable download formats
    Dataset updated
    Apr 23, 2020
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Jan 1, 1976 - Dec 31, 2025
    Area covered
    United States
    Description

    United States - Producer Price Index by Commodity: Metals and Metal Products: Iron and Steel Scrap was 511.87500 Index 1982=100 in May of 2025, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Commodity: Metals and Metal Products: Iron and Steel Scrap reached a record high of 859.24200 in April of 2022 and a record low of 33.30000 in July of 1949. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Producer Price Index by Commodity: Metals and Metal Products: Iron and Steel Scrap - last updated from the United States Federal Reserve on July of 2025.

  15. T

    Copper - Price Data

    • tradingeconomics.com
    • it.tradingeconomics.com
    • +13more
    csv, excel, json, xml
    Updated Jul 11, 2025
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    TRADING ECONOMICS (2025). Copper - Price Data [Dataset]. https://tradingeconomics.com/commodity/copper
    Explore at:
    json, xml, excel, csvAvailable download formats
    Dataset updated
    Jul 11, 2025
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Jul 29, 1988 - Jul 11, 2025
    Area covered
    World
    Description

    Copper fell to 5.54 USD/Lbs on July 11, 2025, down 0.94% from the previous day. Over the past month, Copper's price has risen 14.41%, and is up 20.55% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Copper - values, historical data, forecasts and news - updated on July of 2025.

  16. Copper Prices - Spot Price Per Ounce & Pound, Historical Data, Chart Trends

    • moneymetals.com
    csv, json
    Updated Feb 7, 2025
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    Money Metals (2025). Copper Prices - Spot Price Per Ounce & Pound, Historical Data, Chart Trends [Dataset]. https://www.moneymetals.com/copper-prices
    Explore at:
    json, csvAvailable download formats
    Dataset updated
    Feb 7, 2025
    Dataset authored and provided by
    Money Metals
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Area covered
    Global
    Variables measured
    Copper Price Per Ounce, Copper Price Per Pound, Copper Price Historical Trend
    Description

    About This Dataset: Copper Prices and Market Trends

        This dataset provides **insights into copper prices**, including current rates, historical trends, and key factors affecting price fluctuations. Copper is essential in **construction**, **electronics**, and **transportation** industries. Investors, traders, and analysts use accurate copper price data to guide decisions related to **trading**, **futures**, and **commodity investments**.
    
        ### **Key Features of the Dataset**
    
        #### **Live Market Data and Updates**
        Stay updated with the latest **copper price per pound** in USD. This data is sourced from exchanges like the **London Metal Exchange (LME)** and **COMEX**. Price fluctuations result from **global supply-demand shifts**, currency changes, and geopolitical factors.
    
        #### **Interactive Copper Price Charts**
        Explore **dynamic charts** showcasing real-time and historical price movements. These compare copper with **gold**, **silver**, and **aluminium**, offering insights into **market trends** and inter-metal correlations.
    
        ### **Factors Driving Copper Prices**
    
        #### **1. Supply and Demand Dynamics**
        Global copper supply is driven by mining activities in regions like **Peru**, **China**, and the **United States**. Disruptions in production or policy changes can cause **supply shocks**. On the demand side, **industrial growth** in countries like **India** and **China** sustains demand for copper.
    
        #### **2. Economic and Industry Trends**
        Copper prices often reflect **economic trends**. The push for **renewable energy** and **electric vehicles** has boosted long-term demand. Conversely, economic downturns and **inflation** can reduce demand, lowering prices.
    
        #### **3. Impact of Currency and Trade Policies**
        As a globally traded commodity, copper prices are influenced by **currency fluctuations** and **tariff policies**. A strong **US dollar** typically suppresses copper prices by increasing costs for international buyers. Trade tensions can also disrupt **commodity markets**.
    
        ### **Applications and Benefits**
    
        This dataset supports **commodity investors**, **traders**, and **industry professionals**:
    
        - **Investors** forecast price trends and manage **investment risks**. 
        - **Analysts** perform **market research** using price data to assess **copper futures**. 
        - **Manufacturers** optimize supply chains and **cost forecasts**.
    
        Explore more about copper investments on **Money Metals**:
    
        - [**Buy Copper Products**](https://www.moneymetals.com/buy/copper) 
        - [**95% Copper Pennies (Pre-1983)**](https://www.moneymetals.com/pre-1983-95-percent-copper-pennies/4) 
        - [**Copper Buffalo Rounds**](https://www.moneymetals.com/copper-buffalo-round-1-avdp-oz-999-pure-copper/297)
    
        ### **Copper Price Comparisons with Other Metals**
    
        Copper prices often correlate with those of **industrial** and **precious metals**:
    
        - **Gold** and **silver** are sensitive to **inflation** and currency shifts. 
        - **Iron ore** and **aluminium** reflect changes in **global demand** within construction and manufacturing sectors.
    
        These correlations help traders develop **hedging strategies** and **investment models**.
    
        ### **Data Variables and Availability**
    
        Key metrics include:
    
        - **Copper Price Per Pound:** The current market price in USD. 
        - **Copper Futures Price:** Data from **COMEX** futures contracts. 
        - **Historical Price Trends:** Long-term movements, updated regularly. 
    
        Data is available in **CSV** and **JSON** formats, enabling integration with analytical tools and platforms.
    
        ### **Conclusion**
    
        Copper price data is crucial for **monitoring global commodity markets**. From **mining** to **investment strategies**, copper impacts industries worldwide. Reliable data supports **risk management**, **planning**, and **economic forecasting**.
    
        For more tools and data, visit the **Money Metals** [Copper Prices Page](https://www.moneymetals.com/copper-prices).
    
  17. F

    Producer Price Index by Commodity: Metals and Metal Products: Yellow Brass...

    • fred.stlouisfed.org
    json
    Updated Jun 12, 2025
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    (2025). Producer Price Index by Commodity: Metals and Metal Products: Yellow Brass Scrap [Dataset]. https://fred.stlouisfed.org/series/WPU10230103
    Explore at:
    jsonAvailable download formats
    Dataset updated
    Jun 12, 2025
    License

    https://fred.stlouisfed.org/legal/#copyright-public-domainhttps://fred.stlouisfed.org/legal/#copyright-public-domain

    Description

    Graph and download economic data for Producer Price Index by Commodity: Metals and Metal Products: Yellow Brass Scrap (WPU10230103) from Dec 1986 to May 2025 about metals, commodities, PPI, inflation, price index, indexes, price, and USA.

  18. T

    United States - Producer Price Index by Commodity: Metals and Metal...

    • tradingeconomics.com
    csv, excel, json, xml
    Updated Dec 6, 2020
    + more versions
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    TRADING ECONOMICS (2020). United States - Producer Price Index by Commodity: Metals and Metal Products: Cast Iron Scrap [Dataset]. https://tradingeconomics.com/united-states/producer-price-index-by-commodity-for-metals-and-metal-products-cast-iron-scrap-fed-data.html
    Explore at:
    json, csv, xml, excelAvailable download formats
    Dataset updated
    Dec 6, 2020
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Jan 1, 1976 - Dec 31, 2025
    Area covered
    United States
    Description

    United States - Producer Price Index by Commodity: Metals and Metal Products: Cast Iron Scrap was 300.90900 Index Dec 1986=100 in April of 2025, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Commodity: Metals and Metal Products: Cast Iron Scrap reached a record high of 442.73500 in April of 2022 and a record low of 99.30000 in January of 1987. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Producer Price Index by Commodity: Metals and Metal Products: Cast Iron Scrap - last updated from the United States Federal Reserve on June of 2025.

  19. Aluminum prices 2012-2022

    • statista.com
    Updated May 14, 2024
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    Statista (2024). Aluminum prices 2012-2022 [Dataset]. https://www.statista.com/statistics/276643/aluminum-prices-since-2003/
    Explore at:
    Dataset updated
    May 14, 2024
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    Worldwide
    Description

    The average price of aluminum fluctuated in recent year and increased significantly since 2020. In 2022, the average price was the metal was 2,795 U.S. dollars per metric ton, compared to 1,704 U.S. dollars in 2020.

  20. T

    United States - Producer Price Index by Commodity: Metals and Metal...

    • tradingeconomics.com
    csv, excel, json, xml
    Updated Apr 23, 2020
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    TRADING ECONOMICS (2020). United States - Producer Price Index by Commodity: Metals and Metal Products: Carbon Steel Scrap [Dataset]. https://tradingeconomics.com/united-states/producer-price-index-by-commodity-for-metals-and-metal-products-carbon-steel-scrap-fed-data.html
    Explore at:
    excel, csv, json, xmlAvailable download formats
    Dataset updated
    Apr 23, 2020
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Jan 1, 1976 - Dec 31, 2025
    Area covered
    United States
    Description

    United States - Producer Price Index by Commodity: Metals and Metal Products: Carbon Steel Scrap was 470.61700 Index Dec 1986=100 in May of 2025, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Commodity: Metals and Metal Products: Carbon Steel Scrap reached a record high of 786.56400 in April of 2022 and a record low of 97.70000 in April of 1987. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Producer Price Index by Commodity: Metals and Metal Products: Carbon Steel Scrap - last updated from the United States Federal Reserve on July of 2025.

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Statista (2025). Iron and steel scrap prices in the U.S. 2010-2024 [Dataset]. https://www.statista.com/statistics/209362/iron-and-steel-prices-in-the-us/
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Iron and steel scrap prices in the U.S. 2010-2024

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2 scholarly articles cite this dataset (View in Google Scholar)
Dataset updated
Jun 27, 2025
Dataset authored and provided by
Statistahttp://statista.com/
Area covered
United States
Description

Iron and steel scrap prices in the United States stood at around *** U.S. dollars per metric ton in 2024, down from *** dollars per ton a year earlier. This is the fourth consecutive annual decrease recorded. Steel scrap consumption The majority of domestic steel industry scrap consumption is from manufacturers of raw steel, and steel castings. These raw materials are used to produce steel products that are used for appliances, construction, machinery, and transportation, among other industry uses. Only small amounts of steel scrap were used for the production of ferroalloys, copper precipitation, and the chemical industry. Recycling scrap Recycled iron and steel scrap materials have been essential for the production of new steel and cast iron products. Vehicles are one of the largest sources of old steel scrap used for recycling and nearly 100 percent of cars are recycled for their scrap material. It is expected that the recycling rate for scrap materials from appliances and construction purposes should rise, especially as public interest for recycling grows and profitability increases.

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